Transcontinental Current Ratio from 2010 to 2024

TCI Stock  USD 28.13  0.32  1.15%   
Transcontinental's Current Ratio is increasing with slightly volatile movements from year to year. Current Ratio is estimated to finish at 229.79 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
218.84337349
Current Value
229.79
Quarterly Volatility
76.91443845
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Transcontinental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Transcontinental's main balance sheet or income statement drivers, such as Interest Expense of 8.8 M, Total Revenue of 92.4 M or Gross Profit of 20.9 M, as well as many indicators such as Price To Sales Ratio of 6.28, Dividend Yield of 0.004 or PTB Ratio of 0.38. Transcontinental financial statements analysis is a perfect complement when working with Transcontinental Valuation or Volatility modules.
  
Check out the analysis of Transcontinental Correlation against competitors.

Latest Transcontinental's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Transcontinental Realty Investors over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Transcontinental's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Transcontinental's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 5.34 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Transcontinental Current Ratio Regression Statistics

Arithmetic Mean35.13
Geometric Mean6.84
Coefficient Of Variation218.95
Mean Deviation50.45
Median6.70
Standard Deviation76.91
Sample Variance5,916
Range230
R-Value0.62
Mean Square Error3,902
R-Squared0.39
Significance0.01
Slope10.71
Total Sum of Squares82,822

Transcontinental Current Ratio History

2024 229.79
2023 218.84
2022 9.77
2021 7.1
2020 10.8
2019 10.37
2018 10.55

About Transcontinental Financial Statements

Investors use fundamental indicators, such as Transcontinental's Current Ratio, to determine how well the company is positioned to perform in the future. Although Transcontinental's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Ratio 218.84  229.79 

Currently Active Assets on Macroaxis

When determining whether Transcontinental Realty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Transcontinental's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Transcontinental Realty Investors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Transcontinental Realty Investors Stock:
Check out the analysis of Transcontinental Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Transcontinental. If investors know Transcontinental will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Transcontinental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Earnings Share
0.38
Revenue Per Share
5.767
Quarterly Revenue Growth
(0.06)
Return On Assets
(0)
The market value of Transcontinental Realty is measured differently than its book value, which is the value of Transcontinental that is recorded on the company's balance sheet. Investors also form their own opinion of Transcontinental's value that differs from its market value or its book value, called intrinsic value, which is Transcontinental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Transcontinental's market value can be influenced by many factors that don't directly affect Transcontinental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Transcontinental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transcontinental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transcontinental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.